Sneakerboy, which operates three stores across Melbourne, has struck deals with both Adidas and the tax office to settle disputes covering close to $1.35m in unpaid bills and superannuation. Here are 8 tips for writing great reviews. However, he said that poor business management was also a prominent factor. Sent an email to get a refund, got an automated generic response. Kind regards,Sneakerboy. We went through an expressions of interest process, we had two interested parties but only received one offer, he says. Nationwide News Pty Ltd 2023. If you have any further questions please emailhelp@sneakerboy.comas this is the best avenue for communication and questions to be answered.Kind regards,SNEAKERBOY, Why does this company think its okay to cancel my delivery and move it to a store and tell me to go pick it up. However, it re-emerged following a sale to a party relating to one of the directors, Carrafa said. Monthly, on February 18, 2021, between 9:30 pm and 10:30 pm. Kyvetos unique retail strategy involved no till, no fixed point of sale and no on-site inventory at Sneakerboy, with all stock stored in Hong Kong. And finally, we will recommend that you bookmark this page. We need an update. And they were saying that is a system problem and asked me to wait, I never get my invoice and tracking number. Here youll find some of the best shoe liquidation truckloads that you can use for starting up your online business. If you have any further questions please emailhelp@sneakerboy.comas this is the best avenue for communication and questions to be answered.Kind regards,SNEAKERBOY. (did we mention that already? The outlet is well-known among sneakerheads and streetwear fans nationwide for its expansive range of new and vintage footwear and its elaborate store fit-outs. Reasons, Why Liquidators are the Best Wholesale Suppliers today? Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with . July 6, 2022 - 7:27AM NCA NewsWire Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. The move was confirmed in a notice of appointment released by the Australian Securities and Investments (ASIC) on Saturday, with Stephen Dixon from insolvency firm Hamilton Murphy Advisory chosen as administrator. Remember that we sell goods on a first-come-first-serve basis so ensure you pick up your favorite truckload as soon as you find it. I have completed verification work pursuant to the Fair Entitlement Guarantee scheme and encourage any former employees of the Company to complete an online claim form if they have not already done so.. Selling shoes online, therefore, is an extremely lucrative and profitable business. But others are unlikely to be as fortunate. With a complete source of wholesale fashion, electronics, and home improvement items, get the best deals near you! I would give no stars if I could. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. Heres the fix, Five ways businesses can beat the scourge of busyness and boost productivity, My Biggest Mistake: Martin Karafilis, CEO of Fishburners. SmartCompany understands Sneakerboy turns over around $50,000 per week and Carrafa says its a strong business model. The latest stories, funding information, and expert advice. SNEAKERBOY RETAIL PTY LTD: ACN: 604 708 189: Status: In Liquidation: Appointment Date: 29 September 2022: Resolution. Lotz International, LLC. Please look for an email from Hamilton Murphy outlining the actions around past orders. Find out more about our policy and your choices, including how to opt-out. Hamilton and Murphy liquidator Stephen Dixon said in a report to the Australian Securities and Investments Commission (ASIC) in December that Sneakerboy attributed its financial hardships to the pandemic. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. If I do ever get a response, it's a generic one. Do not order anything online from Sneaker boy they DO NOT HAVE ANY STOCK!!! 1 review. Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. Sneakerboy Pty Ltd: ACN: 603 960 961: Company: Sneakerboy IP Pty Ltd: ACN: 604 708 090: Company: Luxury Retail Treasury Pty Ltd: ACN: 614 712 766: Company: Embattled luxury footwear and streetwear retailer Sneakerboy is up for sale after falling into administration due to financing problems. What do you get in return? Poor culture and poor management, Hi Andy,Thanks for your review.We appreciate this feedback and we're sorry to hear we have not provided the best experience with your order. Sneakerboy closed its Brisbane store and removed its listing from its website in early April, leaving it with three stores in Victoria, at Southwharf DFO, Chadstone Shopping Centre and a flagship store on Little Bourke St, as well as a store on George St, Sydney. We apologise for this inconvenience.A member of our customer service will be in contact with you as a priority with an update on your order.Kind regards,Sneakerboy, Stop trying to hide people into the email section and then ignore them, you guys are crooks and I'll be contacting all avenues until I either receive my order or a full refund (not a credit), honestly disgusting how things are done, if my parcel Is waiting for collection what's the carrier company? After purchasing a rick owens island dunk and finally receiving them after 3 weeks. Please look for an email from Hamilton Murphy outlining the actions around past orders. We are readily available from Monday through Friday. Free to sign up. Conceived as "The Luxury Sneaker S See more 81,778 people like this 82,686 people follow this http://sneakerboy.com/ +61 2 9221 1877 help@sneakerboy.com Clothing (Brand) Privacy Policy https://www.instagram.com/sneakerboy/ Photos Until, they finally responded with "what do you want then? The difficult but prudent decision has been made to initiate the voluntary administration process. Disgusting! Scam! Cult shoe store Sneakerboy facing winding up action over unpaid Qld store rent A luxury shoe and streetwear retailer with stores down the east coast is facing liquidation after its Gold Coast landlord took it to court for failing to pay rent for more than a year. James Chou was among those who took up the deal, paying $400 for a pair of Alexander McQueen sneakers he never received. These discussions are now being urgently escalated by the administrator as part of the voluntary administration process.. Just fill out the fields below and we'll send your friend a link to this article along with a message from you. Stop trying to hide people into the email section and then ignore them, you guys are crooks and Ill be contacting all avenues until I either receive my order or a full refund (not a credit), honestly disgusting how things are done. These liquidation truckloads are offered at a supremely heavy discount compared to their market price. Ive sent countless emails, Instagram messages and phone calls and no response, another said. We often find ourselves filling every waking moment with activity, thinking that this is the only way to get ahead. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. When I purchase the shoe, they asked me to create a account, and they will send me the invoice and tracking no, but the fact is, my account never be set up but I still successfully paid. I purchased a $200+ sweater over two months ago. An investigation is now underway to determine whether Sneakerboy traded while insolvent. The first creditors meeting will be held next week on Wednesday, July 13 at 11am. Thank you for your understanding! Luxury sportswear stores. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne was disconnected. Sneakerboy owes money to 57 firms, with only two secured creditors - Octet, which is owed nearly $2.8 million, and Luxury Retail Treasury Pty Ltd, which has 12.3 million in payables . Daily I'll be contacting them confirming this and will be discussed with you guys on this public platform rather than the merky waters in your private emails, Hi Callum,Thank you for taking the time to review Sneakerboy. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM QLD News Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. Our site will be temporarily unavailable during this time. Sneakerboys Facebook page is riddled with people complaining they had not received their orders. Thank you for your understanding! Any person intending to appear at the hearing must file a notice of appearance in accordance with the rules, together with any affidavit on which the person intends to rely, and serve a copy of the notice and any affidavit on the plaintiff at the plaintiff's address for service at least 3 days before the date fixed for the hearing. Customers at a luxury Australian sneaker store are unlikely to receive compensation for shoes they bought, and didnt receive, shortly before the store went into administration. In one word: profits. Wholesale Domestic Loads Blankets & Pillows. FundIT Limited is also listed as having a charge over Luxury Retail Group. Heres why it wasnt all smooth sailing, Not looking positive: Drastic measures Aussies are taking to find a rental, Cost of living crisis laid bare as metric indicates worst outcome since early days of pandemic, A $60 payment appeared in this Aussie mums bank account. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. Reasons, Why Liquidators are the Best Wholesale Suppliers today? A recent letter to creditors, seen by 7NEWS.com.au, says the company has no funds available to carry out compensation for victims. April 2, 2015. Keep in mind i ordered it 3 weeks before I was meant to leave. Just posting this to spread awareness for others really. Companies can ask for reviews via automatic invitations. This has to be the biggest joke. I realised that they were fake, cause the paint or whatever it was, came off from the mid sole. Go ahead and pick your favorite shoe liquidation truckload. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. Cult shoe store Sneakerboy facing winding up action over unpaid Qld store rent A luxury shoe and streetwear retailer with stores down the east coast is facing liquidation after its Gold Coast landlord took it to court for failing to pay rent for more than a year. Ordered online last May 26, 2022. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. Absolutely horrified at my experience with Sneakerboy! HI Reian,Thank you for taking the time to share your experience with us.We're sorry to hear that you have not yet received your order. I then Dm their instagram to not get a response either. Do you even give me a refund?My oder number 301662, Hi Kim,Thanks for your review.We're sorry to hear of this experience and assure you your refund request has not been lost.Please email help@sneakerboy.com for our team to action your refund urgently. With our services, you can start your business online in no time and serve your customers high-end products with huge margins. 6 weeks for orders to ship. Im actually exhausted off this company now order number 321701 and 310206PLEASE DONT BUY FROM SNEAKERBOY, Hi Tyrone,Thank you for taking the time to leave us a review.Unfortunately like most other companies, during busy sale periods there are likely to be picking and shipping delays while we work through higher volumes of orders. Still hasnt arrived. The administration brought that dispute to a standstill, which enabled Sneakerboy to be sold last week to a party relating to one of the directors for an undisclosed price. Demand for goods tends to be high and your favorite truckload might get sold to someone else if you arent quick enough. At this meeting, details will be provided to all stakeholders in relation to the financial and structural position of the companies. If you have already emailed us with this request, we thank you for your patience and assure you we will get to your request as soon as possible.Kind regards,SNEAKERBOY, I purchased 2 balenciaga in March 3 months later I have only received 1 the other is still on back order. How can you lose money when your drops sellout? Give us a call Monday through Friday from 9:00am to 5:00pm EST. No update. Jun 17, 2022. Together we have achieved this milestone in the history of ourcompany." JA. As a result, your margins tend to be hefty and lucrative when you sell these products through your online store. Featured Liquidation Auctions Show all auctions Pallet HPC - 800 to 1,200 Pcs Average - 10$ Retail per Unit Average - 75% Apparel and other General Merchandise - Brand New Overstock from Major E-Tailer Help using this website - Accessibility statement, Sneakerboy, which sells high-end footwear brands such as Balenciaga for more than $1000 a pair, had external administrators appointed by Sydney-based financier Octet Finance. With these shoe liquidation truckloads, you find an assortment of goods from different brands within the same shipment. $175,000.00. If you wanna cancel the order and refund, thats fine but atleast communicate. I now realise that I have been scammed - no reply to my emails seeking a refund, no update as to my order status, and I am out of pocket hundreds of dollars. Thats because we often have special discounts (in addition to the ones that we already provide) especially after festivals and special occasions such as Black Friday. If there's one apparel item that everyone uses, its shoes. Twenty-two former employees have made claims for unpaid entitlements. Ordered online last May 26. We only use 77sqm of our 80sqm of shop floor and carry over 300 [SKUs] of shoes with a back area of 3m.. Sneakerboy Retail Pty Ltd and Luxury Retail Group are run by Nelson Mair and Theo Poulakis. Order says shipped but doesnt go through the process of courier picking package up.Poor business, I suggest everyone be careful purchasing from this company! We welcome you to visit us at our Pembroke Florida location. An application to wind up Luxury Retail Group was made by Melbourne-based Banjo Loans holding company FundIT Limited in June in the Supreme Court of Victoria. The retailer sells luxury sneakers, priced at up to $1600 for a pair of Giuseppe Zanotti sneakers, online and through two stores in Melbourne and Sydney. SmartCompany is the leading online publication in Australia for free news, information and resources catering to Australias entrepreneurs, small and medium business owners and business managers. Hi Caroline,Thank you for taking the time to review Sneakerboy. Do you know more? Sneakerboy, which operates three stores across Melbourne, has struck deals with both Adidas and the tax office to settle disputes covering close to $1.35m in unpaid bills and superannuation. I have emailed instagrammed 1000s of times but zero reply. Add to Cart. Pacific Fair, a shopping mall on the Gold Coast owned by AMP Capital, applied to wind up Sneakerboy in April after it allegedly failed to pay rent for more than a year, in an application made to the Supreme Court of Queensland. We use dedicated people and clever technology to safeguard our platform. Hi Keira,Thank you for reaching out and taking the time to leave us a review.We pride ourselves in providing top tier customer service and are so sorry to hear that we missed the mark in this instance.We're sorry to hear that you are experiencing a delay, however during busy sales periods there may be increased processing and shipping time for customer orders. During these sales, you can pick up some awesome shoe liquidation truckloads at ridiculous prices. The first question most of you will have is: where do I buy my inventory? A hearing in the Melbourne Supreme Court on Thursday heard Sneakerboy and Adidas were working on a deal to settle the matter. It comes after the companies faced more than 10 wind up orders over the last three years, including from Adidas, the Victorian Commission of State Revenue and AMP Pacific Fair (the operators of the Gold Coast Pacific Fair shopping centre where Sneakerboy had a retail store). Hi everyone see the below from the administrators on orders:All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. Up untill now I still haven't got any updates and the status till states thag it's on "Backorder". I tried to get a refund, but they said they would inspect the sneaker to ensure it was fake. Frustrated customers have bombarded the companys online platforms and review sites in recent months over delayed orders dating back to January. Sneakerboy, which sells high-end footwear brands such as Balenciaga for more than $1000 a pair, had external administrators appointed by Sydney-based financier Octet Finance, as well as to four. But is this really the case? Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. Lotz International, LLC. To check whether the company was wound up following publication of this notice, search the ASIC database using the ASIC Connect function on ASIC's website www.asic.gov.au, Only notices after 01/07/2012 are available on this website. No where did it say it was a backorder for it, they also didn't provide a time frame for when it should be in stock. Dixon estimated in the report it would take between 12 to 18 months to complete Sneakerboys liquidation. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. At the time,The Herald Sunreported Pacific Fair was chasing the company for nearly$300,000 in unpaid rent. The Australian fashion label went into liquidation last Friday with Matthew Kucianski of Worrells appointed as the liquidator. In 2020, Sneakerboy took its landlord, Georges Properties, to court after it was locked out of its Sydney store over a rental dispute after it renegotiated leases under the Retail and Other Commercial Leases (COVID-19) Regulation, which provided concessions to retailers forced to close during lockdowns. Moreover, people tend to buy multiple pairs of shoes to be worn on different occasions. When you purchase your shoe liquidation truckloads from us, you get them at a much cheaper price than what is offered in the market. On Saturday, The Australian Securities and Investments (ASIC) published a notice stating Stephen Dixon of Hamilton Murphy Advisory has been tapped as administrator for Sneakerboy Pty Ltd and two related companies using the Sneakerboy name. Add to Cart. A US bank is on the brink of collapse and its owners are debating whether it can go on after racking up $1 billion in losses. The report estimated the company owed $1.7 million in employee entitlements, including almost $1.3 million in superannuation. Home; Nike . I have spoken with a Golden Goose representative who has confirmed they have not been supplying Sneakerboy with stock for months. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) . Our liquidation truckloads are sourced from some of the largest retailers in the United States. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. Simon Johanson. Toxic chemical threat to WA drinking water supply: Real threat, Australians warned to watch out for $198.82 myGov refund, Woman sued for quiet quitting while working from home, This Channel 7 reporter drove an EV from Brisbane to Cairns. An application for the winding up of Sneakerboy Pty Ltd was commenced by the plaintiff Adidas AG (HRB 3868) on 16/03/2020 and will be heard as set out below. Along with shoes, theres also elated footwear such as flip flops, sneakers, wellingtons, etc. Calls to Sneakerboys Melbourne CBD flagship store went unanswered Monday morning. Worst experience I have ever had with a retailer. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. Its always great to get us in earlier as there is a better chance of survival, in this case they got it early and there was a solution, he says. Kind regards, Sneakerboy. Our diversity of resale channels, from brick and mortar stores to overseas markets, allows us to maximize the value of each product category. All Rights Reserved, Why you shouldnt give a hundred percent at work, Frank Green releases new product after Bunnings hack goes viral on TikTok, Australias top 25 most in-demand jobs revealed, Long-running Instagram feud between vitamin brands JSHealth and Life Botanics heading to Federal Court, NBN and Starlink are ramping up the bandwidth battle for rural Australia, Off-grid cabin startup Unyoked raises $28 million to expand in Europe, How Sendle managing director Laura Hill made the unconventional path work for logistics, and what your business can learn, There are reasons why staff ignore your emails. We apologise as we are receiving a large volume of enquiries around shipping delays and we have not been able to commit to our usual response times which we understand is frustrating. we can only give you a credit refund". Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. Sneakerboy is about maximising retail space with online efficiency. There are no funds available, nor is there any Sneakerboy stock remaining, which could be used to utilised to satisfy any outstanding orders or process refunds, the letter said. Hi Eric,Thank you for taking the time to leave us a review.We're so sorry to hear that you haven't have a good experience with us here at Sneakerboy.Unfortunately - and like a lot of other businesses - we have been experiencing some delays in shipping orders due to extenuating factors outside our control. With our versatile shoe liquidation truckloads, you can run your very own part-time or full-time business you always dreamed of. In April, AMP Pacific Fair, operators of the Gold Coast Pacific Fair shopping centre,filed a winding-up order in the Queensland Supreme Court. I have sent emails and messages to there instagram and have still not got a response. Staff were told on Friday afternoon that they were being made redundant after the company failed to find a buyer. I am still waiting on sneakers purchased after the Pacific Fair store a month ago. Im not sure what to do as theyre not even responding to emails. Here you'll find some of the best shoe liquidation truckloads that you can use for starting up your online business. I ordered the recent Essentials drop, its been almost two weeks and I still havent gotten an update from them. Within hours, shed lost $40,000, Mining giants $4 million gift over missing capusle, but its not cash. Therefore, you end up getting a great variety for your inventory at a fraction of the price. As we are currently working through a backlog of shipments being despatched and a large volume of enquiries, we are expecting delays in our response and shippings times. If I could leave zero rating I would. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. A whopping $500,000 is also owed to 120 past and current staff members through unpaid wages and entitlements. 2023 Quicklotz Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. - Sam Pires, CEO. and Conditions, Privacy Our strategy focuses on delivering the highest recovery rates in the industry. Profits!! Hi Noa,Thank you for taking the time to review Sneakerboy. translation missing: en.general.accessibility.unit_price_separator, 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. But only two months earlier, it was promoting a sale, offering up to 60 per cent off of shoes, many of which would ultimately never be delivered. People who write reviews have ownership to edit or delete them at any time, and theyll be displayed as long as an account is active. Unfortunately during busy sales period orders can be subject to additional processing and shipping times however we are working hard to get products out to our customers as quickly as possible. 2023 Quicklotz Subscribe to receive time-sensitive and limited quantity deals. Home > keyword "sneakers" Refine Your Search. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Get the latest business news, funding information, and expert advice. That's because when you purchase from conventional wholesalers, you have to purchase the same brand or product in bulk in order to get a discounted price. A major supermarket and union have clashed after the downfall of a major transport company was announced resulting in 1500 job losses. Established in 2013, SNEAKERBOY was founded on the idea that sneakers and streetwear were becoming icons of luxury. According to a Personal Property Securities Register (PPSR) and filings with the Australian Securities and Investments Commission, Stephen Dixon of Hamilton Murphy was appointed administrator by Sydney-based financier Octet Finance. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. Find out how we combat fake reviews. Looking for a new job or job candidate? Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. Just a week before Sneakerboy collapsed, with $17.2 million owed . Quicklotzis among the top 5,000 fastest growing private companies in America. so i decieded to email again and never got a response. We recommend that you browse through our catalog and choose your favorite shoe liquidation truckload. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. Messages left on instagram, seenzoned. SNEAKERBOY PTY LTD (IN LIQUIDATION) 161 754 463 | Creditors' Voluntary Liquidation | Appointment | | Published : 10/04/2015 | ASIC Notice Details Save Search Home > Browse/search notices > Notice Details Decrease text sizeIncrease text size Printer friendly formatEmail this page Notice Back to search result Corporations Act 2001 Placed my order weeks ago (order 322484) and have not received any notice of my order. Copies of documents filed may be obtained from the plaintiff's address for service. If you have any further questions please emailhelp@sneakerboy.comas this is the best avenue for communication and questions to be answered.Kind regards,SNEAKERBOY, I ordered it in January, but the product hasn't been delivered yet.I asked you to wait until March due to Corona issue, but it didn't come until April.I applied for a refund if I wanted to get a refund, but I still haven't gotten a refund after 10 trading days.Why can't I get a refund after waiting for 2 months? Hi,Thank you for taking the time to leave us a review and share your experience with us.Here at Sneakerboy we pride ourselves with providing topnotch customer service and a seamless and easy shopping experience and we're so sorry to hear this is not the case.Unfortunately during busy sales events there can be delays in picking and shipping orders and apologise that this has inconvenienced you.Please reach out to us at help@sneakerboy.com with your order number and SBiD and someone will be in contact with you as a priority to look into your order status for you.Kind regards,Sneakerboy, Ordered online last May 26, 2022. Our experienced Team is Ready to assist you. Thank you for your understanding! Wholesale Liquidation Overstocks Bulk Returns Nike Jordans Levi. Luxury footwear and streetwear retailer Sneakerboy may have traded while insolvent for at least 18 months before it collapsed, and the management team lacked the financial expertise to stop its. Email sent to ask where the shoes are, no response. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. I have emailed them, phoned and Instagram dmd them on a number of occasions and have received zero responses although they ask for a 48 hour (5 days for email) turnover. I will not be collecting the item as I do not have the time, hence why I paid for delivery in the first place. It's been out for delivery now for over a week and the delivery carrier has told me they have not requested a shipping label yet and they cant pick it up. In a letter to creditors, dated December 12, 2022, insolvency and recovery businesses Hamilton and Murphy wrote that Fraser Group Australia had purchased the business after it went into administration. An application to wind-up Luxury Retail Group was made by Melbourne-based Banjo Loans holding company FundIT Limited in June in the Supreme Court of Victoria.
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